Newsroom Headlines

  February 14, 2007 Autos Chrysler to Announce Job Cuts, Plant Closings The Chrysler Group is set to announce a restructuring plan today that is expected to include the elimination of about 11,000

  February 13, 2007 Sen. Dodd Signals Slow Approach to Regulating Hedge Funds Senate Banking Chairman Christopher Dodd (D-Conn.) is proposing a cautious approach toward regulating trillion-dollar

  February 12, 2007 Wisconsin  Bankruptcies Drop Dramatically in 2006 While a big drop-off in bankruptcies was expected in 2006 because of the new bankruptcy law, it's not clear whether the 70 percent

  February 9, 2007 Northwest Shareholders Subpoena Financial Info The equity securityholders’ committee for Northwest Airlines Corp. has subpoenaed several companies in an attempt to learn more about

  February 8, 2007 Mortgages Mortgage Broker Practices Questioned by Senate Panel TheSenate Banking Committee questioned if some mortgage broker practices have contributed to a predatory lending

  February 7, 2007 Senate Banking Committee to Hold Hearing Today on Predatory Lending The Senate Banking Committee will hold a hearing today focused on predatory lending practices and home

  February 6, 2007 Subprime Lender Files for Bankruptcy Mortgage Lenders Network USA Inc. filed for chapter 11 protection, the latest in a string of subprime home-loan providers to be hit by slowing

  February 5, 2007 Delta Creditors Approve Exit Financing Delta Air Lines Inc.’s creditors have approved the terms of the $2.5 billion in financing that Delta secured to emerge from bankruptcy

  February 2, 2007 Davenport  Diocese Requests Extension in Bankruptcy Case The Roman Catholic Diocese of Davenport and its creditors’ committee have asked for more time for potential church abuse

  February 1, 2007 Delta Air Creditors Reject US Airways Takeover Bid Delta’s unsecured creditors’ committee rejected US Airways' $10 billion offer and formally endorsed the Atlanta airline's plan to